Guideline Value for Dilshath Nagar

Dilshath Nagar guideline value

The current guideline value of Dilshath Nagar is Rs 800 per sq.ft, effective from 1 July 2024. This area is located in Karanaipuducheri village, which falls under the Gooduvancheri SRO. The land classification for this street is Residential Class I Type - II.

How the guideline value of Dilshath Nagar has changed

The guideline value for Dilshath Nagar has seen several revisions over the years. In 2007, the value was Rs 155 per sq.ft, which increased significantly to Rs 800 per sq.ft in 2012. However, it then dropped to Rs 536 per sq.ft in 2017, before rising again to Rs 800 per sq.ft in both 2023 and 2024. The register has no figures for the years 2002 and 2003.

From 2017 to 2023, the guideline value increased by 49%. The value remained unchanged from 2023 to 2024, showing a 0% change. Overall, from 2007 to 2024, the guideline value has increased by 416%.

Guideline values in Karanaipuducheri

In Karanaipuducheri, there are 108 streets under the Gooduvancheri SRO that have a 2024 guideline value ranging from Rs 400 to Rs 2,239 per sq.ft, with a median value of Rs 802 per sq.ft. The guideline value for Dilshath Nagar is below this median.

• Dharsan Aalayam: Rs 1,200 per sq.ft (2024)
• D.R.N Nagar: Rs 1,200 per sq.ft (2024)
• Dhamodara Nagar: Rs 700 per sq.ft (2024)
• Dr.Srinivasan Nagar: Rs 700 per sq.ft (2024)
• Devanshi Nagar: Rs 1,200 per sq.ft (2024)
• Durga Nagar: Rs 1,500 per sq.ft (2024)

Stamp duty and registration fee for property in Dilshath Nagar

For a 1,000 sq.ft plot at the current rate of Rs 800 per sq.ft, the guideline value amounts to Rs 8,00,000. The stamp duty at 7% would be Rs 56,000, and the registration fee at 2% would be Rs 16,000, totaling Rs 72,000. It is important to note that duty is charged on the higher of the guideline value or the sale price. You can also use our stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Dilshath Nagar?

The Sub Registrar Office covering Dilshath Nagar is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone. You can find your SRO for more details.

How the guideline value is used when you buy or sell in Karanaipuducheri

The guideline value is a crucial factor in the registration process when buying or selling property in Karanaipuducheri. It serves as a benchmark for determining the stamp duty and registration fees that are applicable during the transaction.

When a property is sold, the guideline value is compared to the sale price, and the higher of the two is used to calculate the stamp duty. This ensures that the fees are reflective of the property's value as determined by the local authorities.

Frequently asked questions

What is the current guideline value of Dilshath Nagar?

The current guideline value of Dilshath Nagar is Rs 800 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 155 per sq.ft in 2007 to Rs 800 per sq.ft in 2012, then decreased to Rs 536 per sq.ft in 2017, and has remained at Rs 800 per sq.ft in both 2023 and 2024.

What is the land classification for Dilshath Nagar?

The land classification for Dilshath Nagar is Residential Class I Type - II.

What are the stamp duty rates for property transactions in Dilshath Nagar?

The stamp duty rate for property transactions in Dilshath Nagar is 7% of the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for Dilshath Nagar?

The Sub Registrar Office for Dilshath Nagar is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.